Equity Market Weekly Outlook

2 May, 2022
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  • After 2 years of active selling Berkshire Hathaway (BRK.A, BRK.B) started buying US equities. 91-year old CEO of Berkshire Hathaway Warren Buffet made a dramatic shift in investing strategy.
  • According to analysts at Goldman Sachs, $5 bn of demand per day is expected on equities.
  • Federal Open Market Committee members are expected to meet on May 3-4th and announce a new policy statement.
  • The US Employment Cost Index, a broad gauge of wages and benefits, advanced 1.4% in the first quarter.
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